Milestone® Mastercard® Review: Easy Pre-Qualification
Empower your credit score with the Milestone® Mastercard®: wide acceptance in the U.S., no security deposit needed!
Milestone® Mastercard®: Credit builder that works perfectly
Have you recently experienced a decline in your score? We may have a solution for you! Read this Milestone® Mastercard® review and see if it matches your needs.
This card’s main benefit is credit building. And this is a fact because it offers no significant benefits and high-interest rates. Therefore, it is a poor choice for those who seek other perks.
- Credit Score: Fair – Good;
- Annual Fee: See terms – the annual fee depends on your creditworthiness;
- Regular APR: See terms – the APR depends on your creditworthiness;
- Welcome bonus: None;
- Rewards: None.
How does the Milestone® Mastercard® work?
When we talk about the Milestone® Mastercard® in this review, there are not too many functionalities to mention.
And this is because its purpose is to be simple and easy. For this reason, only a few of its fees and rates is already enough.
As for balance transfer fees, cash advances, and foreign purchase transaction fees, you have to check them in their terms.
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Milestone® Mastercard® pros and cons
It’s important to weigh the advantages and potential drawbacks when it comes to credit cards. Let’s meet the pros and cons next in our Milestone® Mastercard® review.
First of all, it is a good choice for those customers who have a poor credit history. Or for those whose history has been damaged too.
Second, it provides complete protection from legal responsibility and identity monitoring.
And to build your credit history up with the help of a Milestone® Mastercard® is easy. Pre-qualification takes less than ten minutes.
Plus, it will not affect your credit score in any way. Milestone notifies the three major U.S. credit reporting agencies.
But because it is a very simple card, it also has significant disadvantages.
For instance, it offers no rewards or bonuses. And it offers no welcome bonuses, such as an intro APR, etc.
In addition, for a credit card that is supposed to help people to have a better credit life, its fees and rates are not very helpful.
Does my credit score need to be good?
As we stated previously in our Milestone® Mastercard® review, it is the opposite. Because it is only worth it to apply for this credit card if your credit score is far from good.
In other words, the Milestone® Mastercard® is perfect for demonstrating to better credit card companies that you can commit to a higher credit limit.
You can even demonstrate to the market that you deserve to receive some rewards. How? By making timely monthly payments.
This will for sure prove to lenders that you are financially responsible. Making on-time payments can help your credit go up
Want to apply for the Milestone® Mastercard®?
Concluding our Milestone® Mastercard® review, it’s clear that this is a credit card for people who need to boost their rating.
If you fall under this category, you can learn how to apply for the card in the following link. We’ll give you a complete walkthrough of the process below.
About the author / Thais Daou
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